Since the adoption of the initial set of crowdfunding rules by the Texas State Securities Board (the “Board”) in February 2015, the use of crowdfunding portals to raise capital within Texas has not reached the levels seen elsewhere. Confusion over the rules and regulations, competition from other states and national portals like Kickstarter and Indiegogo, and a general lack of critical mass have all contributed to the problem. As of October 2016, eleven crowdfunding portals were registered

If you’re a start-up founder, odds are you don’t have the means to entirely self-fund your new venture. That’s fine; creating a business out of nothing can be enormously expensive, and almost all early-stage companies face the need to raise outside money to allow the business to grow. As a founder, it’s important to understand your options for raising money at this stage. ....

Are you starting a business? Do you have questions about the business structure you currently use? Is everyone telling you to form a Delaware corporation? Determining which business structure is best for you will depend on a number of factors, many of which will be directly related to the type of business you are in and your plans for the future. First, ask yourself the following questions: ....